Investor Presentaiton

KBC Outstanding ECL for geopolitical and emerging risks amounts to 429m EUR 14 of 74 Y-O-Y CHANGE IN THE OUTSTANDING ECL FOR COVID, GEOPOLITICAL & EMERGING RISKS in m EUR; negative sign is a release Y-o-y ECL: +140m EUR 413 16 -34 371 289 -255 42 FY21 - Covid risks Geopolitical Acquisition ECL Covid Raiff BU and emerging risks 429 Write-off FY22 - ECL Geopolitical & emerging risks YTD negative P&L impact of 158m EUR 9M22 4Q22 OUTSTANDING ECL BY RISK DRIVERS AT YE22 (and q-o-q change) in m EUR; negative sign is a release A No direct subsidiaries B Very limited direct credit exposure C Indirect credit impact: counterparties D Emerging risks (secondary credit impact): portfolios/ (sub)sectors E Macroeconomic 7. scenarios Outstanding ECL KBC has no direct subsidiaries in Russia, Belarus or Ukraine Direct transfer risk exposure amounts to 29m EUR ECL, mainly concentrated in commercial exposure on Russian banks (due to recoveries, down from 34m EUR² after 9M22 or -5m EUR q-o-q). No exposure on Russian sovereign debt Counterparties-at-risk: (total client credit exposure at group level) Corp & SME with >20% sales, cost or profit in R, B or U Corp & SME directly impacted by possible disruption of Russian oil and gas supplies → Outstanding exposure: 2.8bn EUR → ECL: 39m EUR (down from 49m EUR after 9M22 or-10m EUR q-o-q, due mainly to the list of Belgian clients being updated) Vulnerable clients in retail and non-retail portfolios/(sub)sectors impacted by newly emerging risks (energy prices/supply bottlenecks/higher cost of living and rising interest rates) → Outstanding exposure: 11.3bn EUR → ECL: 304m EUR (up from 255m EUR² after 9M22 or +49m EUR q-o-q, driven mainly by the sectors that are vulnerable to the energy crisis being refined) Downward revision of macroeconomic forecasts, partly compensated by slightly improved probabilities to 60%/5%/35% (for base-case/optimistic/pessimistic scenario) → ECL: 57m EUR (up from 49m EUR after 9M22 or +8m EUR q-o-q) A+B+C+D+E = ECL: 429m EUR (+42m EUR q-o-q) Aligned with the credit risk view of our loan portfolio as reported in the quarterly financial statements 2. Including Raiffeisenbank Bulgaria, +6m (B) and +10m (D) Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding

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